Beautiful 3-unit multifamily in the heart of Shawsheen Village. Seller has made numerous upgrades and renovations and currently has a strong $11,800/month rent roll. This classic 2-story Dutch Colonial Gambrel blends character with modern improvements, making it an attractive opportunity for both investors and owner-occupants. The property features a diverse unit mix with rents ranging from a $2,300/month to $6,700/month, providing flexibility and strong income potential. With limited rental inventory in the area, this property stands out as a rare offering. Conveniently located with easy access to Route 495, Route 93, and downtown Andover, it offers both accessibility and the charm of the highly desirable Shawsheen Village neighborhood. Ideal for those seeking strong cash flow, long-term appreciation, or a live-in investment opportunity.
Property Features
Basement
Finished
Partially Finished
Interior Entry
Parking
Paved
Off Street
Cooling Information
Central Air
Heating Information
Forced Air
Water Features
Public
House Interior
Storage
Fire Place
Wood Burning
School Information
School Information for 361-363 N Main St, Andover, MA 01810
Elementary School
West El
Middle School
West Middle
High School
Ahs
Listing Courtesy: Gibson Sotheby's International Realty - 978-526-0243